| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
5-step DuPont — ROE = tax burden × interest burden × EBIT margin × turnover × leverage | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |||||
|---|---|---|---|---|---|---|
| 0.75× | 0.76× | 0.71× | 0.90× | 0.75× | ||
| 0.96× | 0.99× | 1.01× | 0.98× | 0.98× | ||
| 19.1% | 19.4% | 19.9% | 20.0% | 23.4% | ||
| 0.78× | 0.78× | 0.75× | 0.75× | 0.81× | ||
| 1.95× | 1.98× | 1.92× | 1.77× | 1.86× | ||
| 21.1% | 22.4% | 20.3% | 23.4% | 25.9% | ||
| 22.2% | 22.2% | 19.6% | 24.2% | 25.7% | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
Ratios — % unless marked × 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| 5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage | ||||||
| Tax Burden (Net Income/Pretax) × | 0.75 | 0.90 | 0.71 | 0.76 | 0.75 | |
| Interest Burden (Pretax/EBIT) × | 0.98 | 0.98 | 1.01 | 0.99 | 0.96 | |
| EBIT Margin % | 23.40 | 19.96 | 19.92 | 19.43 | 19.05 | |
| Asset Turnover × | 0.81 | 0.75 | 0.75 | 0.78 | 0.78 | |
| Financial Leverage (Assets/Equity) × | 1.86 | 1.77 | 1.92 | 1.98 | 1.95 | |
| ROE (5-step product, year-end total equity) % | 25.87 | 23.42 | 20.34 | 22.44 | 21.09 | |
| ROE (owners' profit / average owners' equity) % | 25.70 | 24.18 | 19.63 | 22.21 | 22.21 | |